XLF is down on the day, as I noted earlier there was a positive divergence, there is still a positive divergence so I'd expect some movement in the financials today, which should effect at least the financial heavy S&P
This is a short term view, this is not a divergence about anything other then an intraday move at this point.
The Euro is finally moving back down again ironically.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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